Of course the EB-5 program only applies to US business opportunities and the Ruby mine has been qualified to receive funding since summer 2011. The reason why no funding has been secured yet is open for speculation, and I of course concede that it could be government snafu that is holding it up, it is possible, but not the reason IMO.
As to the NBRI We are Golden claim, well, zero ounces of gold have been produced from the inception of the public company to present time, so if that is the definition of Golden, well ok....
In the meantime, Perry has pocketed over 2.2M of public funds for his efforts. So NBRI is surely Golden for him, while shareholders still await something of value to be produced. Hype is not accretive value, in fact many bought higher than current price on the promise of future production only to have reality temper the hype and force change, such as the focus being shifted from the Ruby to the Fraser and the Ruby lease being amended once again to allow NBRI to actually come thru on EB-5 financing hopes.
So heres to 2013 for NBRI shareholders as 2012 was a complete flop on all fronts IMO. Please bear in mind folks that it doesnt affect Perry the same as shareholders, he is getting paid, for actual gold production, or not.
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